NYSE:BGG - Briggs & Stratton Stock Price, Forecast & News

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

Briggs & Stratton announced a quarterly dividend on Thursday, October 31st. Stockholders of record on Wednesday, December 18th will be paid a dividend of $0.05 per share on Friday, January 3rd. This represents a $0.20 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Tuesday, December 17th. View Briggs & Stratton's Dividend History.

Briggs & Stratton declared that its board has initiated a stock buyback program on Wednesday, April 25th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Briggs & Stratton Co. (NYSE:BGG) released its quarterly earnings data on Friday, November, 1st. The industrial products company reported ($0.67) EPS for the quarter, beating the Zacks' consensus estimate of ($0.73) by $0.06. The industrial products company earned $313.70 million during the quarter, compared to the consensus estimate of $291.14 million. Briggs & Stratton had a negative net margin of 2.50% and a negative return on equity of 4.18%. The firm's quarterly revenue was up 12.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.51) EPS. View Briggs & Stratton's Earnings History.

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Briggs & Stratton.

Briggs & Stratton updated its FY20 earnings guidance on Friday, November, 1st. The company provided EPS guidance of $0.20-0.40 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $1.91-1.97 billion, compared to the consensus revenue estimate of $1.90 billion.

1 analysts have issued 12-month price objectives for Briggs & Stratton's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Briggs & Stratton's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 155.0% from the stock's current price. View Analyst Price Targets for Briggs & Stratton.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Briggs & Stratton.

Media headlines about BGG stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Briggs & Stratton earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Briggs & Stratton.

Briggs & Stratton saw a increase in short interest in December. As of December 31st, there was short interest totalling 9,640,000 shares, an increase of 10.3% from the December 15th total of 8,740,000 shares. Based on an average daily trading volume, of 855,100 shares, the days-to-cover ratio is presently 11.3 days. Currently, 23.9% of the company's shares are sold short. View Briggs & Stratton's Current Options Chain.

Some companies that are related to Briggs & Stratton include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and ITT (ITT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Briggs & Stratton investors own include Ford Motor (F), AT&T (T), CVS Health (CVS), General Electric (GE), Kraft Heinz (KHC), Occidental Petroleum (OXY), Twitter (TWTR), AbbVie (ABBV), Bank of America (BAC) and IBM (IBM).

Briggs & Stratton's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%). Company insiders that own Briggs & Stratton stock include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler, Rachele Marie Lehr and Todd J Teske. View Institutional Ownership Trends for Briggs & Stratton.

BGG stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. Company insiders that have bought Briggs & Stratton stock in the last two years include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler and Rachele Marie Lehr. View Insider Buying and Selling for Briggs & Stratton.

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BGG stock can currently be purchased for approximately $5.49.

Briggs & Stratton has a market capitalization of $233.24 million and generates $1.84 billion in revenue each year. The industrial products company earns $-54,080,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Briggs & Stratton employs 5,200 workers across the globe.View Additional Information About Briggs & Stratton.

The official website for Briggs & Stratton is http://www.basco.com/.

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.